plant shutdown Archives | Be Korea-savvy

GM Claim High Cost for S. Korea Plant Closure, Union Cites Mismanagement

SEOUL, Feb. 14 (Korea Bizwire) — GM Korea Co. management and its union gave very different reasons for the move to close down a vehicle production plant here, signaling future clashes to come. On Tuesday, the South Korean unit of General Motors Co., said it will shut down one of its four plants in South [...]

GM to Close One S. Korean Plant by May on Lower Demand

SEOUL, Feb. 13 (Korea Bizwire) — General Motors Co. will shut down one of its four car assembly plants in South Korea by the end of May due to lower demand for its vehicles, the local unit of the U.S. carmaker said Tuesday. The plant to be closed is in Gunsan, 270 kilometers south of [...]